Singapore  Singapore

Sell a Business

Listing ID: 4295 Last Refreshed: 26/05/2019 Total Views: 6119

High Margin $$$ 公寓超市 Profitable Condo Minimart In East For Takeover ! (Call 90670575)

Pasir Ris

Asking Price: S$200,000
  • Premise Type N/A Premise Size 600sqft
  • Monthly Rental S$5,500 Rental Desposit S$11,000
  • Revenue N/A Cash Flow N/A
  • Gross Profit N/A Net Profit N/A
  • Stock N/A Liability N/A
  • Payable N/A Receivable N/A
  • FFE N/A Established N/A
  • Owner Role Full Time Staff N/A
  • * Revenue, Gross Profit, Net Profit, Cash Flow are based on Annual average
Vincent Lim Bradford, Lim & Associates

Reason For Sale

No time to manage

Description

Profitable and established Condo Minimart for takeover in east area. The minimart is open to public and not just for the condo residents, facing the main road. It is tastefully renovated in an Australian grocery style. 


Estimated monthly revenue $70k with gross profit margin of 30% or more estimated !!!


Highlights of the business :


Operation : 8am to 10pm daily

Good credit terms from supplier

Liquor License

Tobacco License

Good variety of groceries

Laundry service

Top-up card service

Cash withdrawn service

Self run operation by store manager and team

CCTV setup for remote monitoring

.

Operator has family committments and has no time to manage the business.


Takeover fee of S$200K including stock. (stock valued at $50k estimated)

Original daily sales print out and invoices for past months are possible to verify.


Call Vincent 90670575 for a discreet viewing now !!!


Property Information

Rent
Premise Status

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